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Grocery Store with Upstairs Suite
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814 Lincoln St, Hoquiam, WA 98550

Established retail property includes coolers, generators, signage, and trade fixtures.

Property Size3,697 SF
Price / SF$162.27
Days on Market67

Property Features for 814 Lincoln St

General Information

Standard status Active
Size 3,697 SF
Total Parking Spaces 15
Property subtype Retail
Zoning City

Additional Details

Business Included Yes

Building Details

Year Built 1930
Buildings 1
Listing Agency: Premier Realty Grays Harbor, LLC
Listed By: Harley Greninger · License #WA 2750
Source: Crexi
Added: Aug 6 Changed: Oct 5 Last Checked: Oct 11 at 4:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Realty Grays Harbor, LLC

Investment Insights

Based on property information with market context.

Lincoln Street Grocery is a 3,697-square-foot grocery and convenience store at 814 Lincoln St in Hoquiam, Washington. Built in 1930, the property includes multiple coolers, generators, signage, and other trade fixtures. A two-bedroom, two-bath suite occupies the second floor.

The offering comprises three parcels with off-street parking. The site also includes a third parcel described as providing room for expansion, while wide street shoulders accommodate large trucks. City zoning applies to the property.

Key Highlights

  • 3,697 SF grocery and convenience store at 814 Lincoln St
  • Three parcels with off‑street parking
  • Second‑floor two‑bedroom, two‑bath suite

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,626
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$892,520 $892.5K
Cap Rate 7%
$637,514 $637.5K
Cap Rate 9%
$495,844 $495.8K
Market Conditions
NOI Build-Up for 3,697 SF
Gross rent
$66.5K $18.00/SF
− Vacancy
−$2.8K −$0.76/SF
EGI
$63.8K $17.24/SF
− OpEx
−$19.1K −$5.17/SF
NOI
$44.6K $12.07/SF
Area
Grays Harbor County, WA
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$892,520
Cap Rate 7%
$637,514
Cap Rate 9%
$495,844

Alternative Uses

Best Use
Specialty Retail
$819.7K
$717.2K – $956.3K (±1% cap)
NOI $57,376 @ 7.0% cap · market cap 9.56%
Second Best
Retail
$637.5K
$557.8K – $743.8K (±1% cap)
NOI $44,626 @ 7.0% cap · market cap 7.44%
Theoretical Best
Office A
$1.02M
$891.7K – $1.19M (±1% cap)
NOI $71,337 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Lincoln Street Grocery Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Hair Salon HVAC Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

148
Businesses Nearby
24k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Circle K Shops & Services
13,222 visits/mo 0.4 miles
7-Eleven Shops & Services
11,249 visits/mo 0.4 miles

Demographics for 98550, WA

11,502
Population
5,373
Households
2.1
Avg Household Size
43
Median Age
19%
College-Educated
92%
High-School Grad
266.0 sq mi
ZIP Area
43
Density / Sq Mi
$56,920
Median Household Income
$36,185
Median Earnings
$1,003
Median Rent
$212,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Established retail property includes coolers, generators, signage, and trade fixtures.
Where is this grocery and convenience store located?
The property is located at 814 Lincoln St Hoquiam, WA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 3,697 SF grocery and convenience store at 814 Lincoln St; Three parcels with off‑street parking; Second‑floor two‑bedroom, two‑bath suite
(360) 533-1900 Call to check price and availability
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